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Can Physicians Remain Profitable?

Uncertainty looms for private practices.

The Practice Profitability Index, which surveyed more than 5,000 physicians, functions as a barometer for the operational and financial health of private practices in 2013. The report identified a confluence of challenges that make staying profitable increasingly difficult for physician practices today.

Key report findings:

1-in-3 physicians see overall profitability trending downward in 2013

65% say declining reimbursements are the greatest threat to profitability

59% spend at least one day per week on paperwork instead of treating patients

48% say they lack the resources to accept any of the 30 million new patients from the ACA

Only 9% are very confident in their current processes for getting paid

Plus, profitability data is broken down by state, specialty and more…

Get your free copy of the “Practice Profitability Index” today. Brought to you by CareCloud and QuantiaMD.